Transactions

Advised the Ahrens Group on two significant transactions that reflect their expansion across Australia in the steel and construction services industries.

Ahrens has strengthened its national mining and industrial service offering with the acquisition of Farrelly Construction Services, complementing its existing operations in SA, WA and QLD.

The acquisition of Brisbane-based ABFI Steel Group will see Ahrens’ steel manufacturing and fabrication capabilities also expand nationwide. ABFI is a leader in steel pile casings and structural steel pipe, bolstering Ahrens position in the road, rail, and ports infrastructure sectors.

Advised Microequities Private to Beyond IPO Fund on its significant investment in Melbourne’s Global IT Factory, which provides curriculum management software as a subscription to education providers in Australia, New Zealand, Singapore, and the Middle East.

Global IT Factory’s innovative education technology enables institutions to improve the student experience and respond to evolving market demands, presenting a compelling global growth opportunity.

Kain Lawyers is pleased to have advised US-based Metal Powder Works Inc. and its shareholders on the sale of Metal Powder Works Inc to K-TIG Limited (ASX:KTG).  Metal Powder Works Inc. specialises in the production of high-quality metal powders for additive manufacturing and other advanced applications.  As part of the transaction, K-TIG Limited changed its name to Metal Powder Works Limited (ASX:MPW) and was reinstated to quotation on the ASX. MPW commenced trading on the ASX on 11 March 2025 following completion of its capital raising of $10m.

Advised Mighty Good Pty Ltd on its acquisition of Wallaby Foods, the popular healthy snack brand distributed by Coles and Woolworths. Mighty Good has been established by Didi Lo, James Wain, Stephanie Booth and Spring Street Equity Partners. The Wallaby Foods business, with products made from natural, vegan ingredients that are gluten and peanut-free, has plans to expand globally.

Advised SRO Motorsports Australia Pty Ltd on the establishment of Australia’s new premier national circuit racing series in partnership with Motorsport Australia.

The partnership brings together international motorsport event promoter and operator SRO Motorsports Group with Motorsport Australia, Australia’s motorsport governing body. This series is set to become the new premier national circuit racing series and a major feature on the Australian motorsport calendar.

Advised Roc Partners on its acquisition of Freshmax, an Australian fresh produce group. The company was owned by a mix of shareholders including Maui Capital and both current and former employees. The Freshmax Group has a strong IP portfolio, made up of a combination of owned and licensed brands including Tangold mandarins, Mountain Blue blueberries, and Lani cherries.

Advised Digital Matter on an investment by Five V Capital, a leading, growth-focused private equity and venture capital firm in Australia and New Zealand.

Digital Matter is a market leader in battery powered IoT asset tracking hardware and software solutions. Having served the industry for over 23 years, the company specialises in developing and manufacturing IoT GPS tracking devices, sensor monitoring and advanced telematic solutions. Headquartered in Perth, Australia, Digital Matter operates in over 130 countries, with offices in South Africa, North America, and Europe.

Advised GrainCorp (ASX:GNC) on its investment in BioScout, an innovative Australian AgTech startup that is helping growers detect airborne crop diseases on-farm in real time. BioScout’s technology provides growers with live insights by analysing air samples for fungal pathogens and pollen, enabling proactive and precise disease management. By leveraging AI and machine learning, BioScout is driving sustainable and efficient crop production, setting a new standard for agricultural innovation nationwide.

Advised Australia’s leading managed service provider, Efex, on its acquisition of Medihost Solutions. Efex provides a comprehensive range of managed IT services to mid-market businesses across Australia.

Medihost Solutions delivers medical IT support and solutions for healthcare practices in Australia and New Zealand.

Advised Jan Cap Pte Ltd in connection with the recent investment by Scarcity Partners which has acquired 20 per cent in the January Capital business.

January Capital, based in Singapore, manages a $500 million portfolio including over 60 companies across two fund vintages, collectively valued at more than $12.5 billion. Specialising in early-stage technology investments across the Asia-Pacific region, the firm was founded in 2019.

Acted for First Pick Marketing Pty Ltd on the sale of its interest in the Western Australian operations of Fresh Produce Group. This significant transaction was undertaken in connection with Macquarie Asset Management’s recently announced investment into Fresh Produce Group.

Advised Para Bellum Solutions Pty Ltd on its strategic partnership with Logi-Tech Pty Ltd. The transaction will leverage the complementary strengths of both businesses to deliver cutting-edge consulting and technology solutions, with a strong emphasis on cybersecurity.

Building on 18 months of collaboration, Jake Kearsley, the Managing Director of Para Bellum Solutions, commented that the partnership is well-positioned to drive innovation in consulting, cyber security and technology, both locally and globally.